"Huh? Business cannot be done without justice. Mr. Stephen has learned writing, but he still hasn't learned culture."
Zheng Yaoyang turned to look at Chen Zhiyuan, with a hidden smile: "Am I right, Director Chen?"
Chen Zhiyuan probably didn't understand the situation. The matter between their two families cannot be reconciled by a division chief.
HSBC is very powerful and can be regarded as the central bank of half of Hong Kong, but Zheng Yaoyang is not a fool either.
Moreover, Stephen should have planned long ago to invite Chen Zhiyuan to join. It would be best if the matter can be settled at the dinner table. If the negotiation fails, Chen Zhiyuan will be pushed out and sacrificed.
Chen Zhiyuan looked very ugly when he saw Stephen leaving. He raised his glass and said with a smile: "What Yaoyang said is that foreigners are foreigners and they don't understand any etiquette."
He had already sent greetings to Stephen's immediate family more than a hundred times in his mind, relying on his being the executive director of HSBC.
He asked him to come to the town, but left early, leaving him to face Zheng Yaoyang alone, clearly trying to get rid of him.
The corners of Zheng Yaoyang's mouth raised, revealing a meaningful smile: "Director Chen, you just didn't..."
"Yaoyang, how about the building next to the tax building? I remember it's a property owned by Xindi, and I heard it's for rent."
Su Haiwen suddenly opened his mouth and pointed at Central on the other side. He also patted Zheng Yaoyang on the elbow to signal him not to go too far.
Chen Zhiyuan is the first brother of the Financial Management Department, the direct leadership department of the banking industry. It will not be beneficial to both of them if the relationship is stalemate, and it will only allow Stephen's plan to succeed.
Su Haiwen has known Stephen for many years and knows his character very well. He can definitely be said to be wily and scheming.
His sudden departure not only pushed Chen Zhiyuan out to bear Zheng Yaoyang's anger, but also caused a complete breakdown in the relationship between Chen Zhiyuan and Zheng Yaoyang.
Stephen should have made an in-depth analysis of Zheng Yaoyang's character and knew that he was often unreasonable and unforgiving.
Once the relationship between the two became tense, Chen Zhiyuan completely stood against Zheng Yaoyang.
It is appropriate to save some face for Chen Zhiyuan and let him know that Stephen has sinister intentions and will remain neutral in the future.
Zheng Yaoyang was interrupted by Su Haiwen and frowned: "Really? Then I'll ask my fourth uncle tomorrow to see if he has any thoughts on transferring."
He didn't understand what Su Haiwen meant, but he knew that his uncle was on his side and it was always right to listen to him first.
Although he was reluctant, he looked at Chen Zhiyuan with a smile: "Brother Chen, are there any suitable buildings in Central that you plan to sell?"
"It should be there. I'll check it for you and call you tomorrow."
Chen Zhiyuan was overjoyed and said hurriedly, while casting a grateful look at Su Haiwen.
With a smile on his face, Su Haiwen raised his glass and said, "Everyone, stop chatting and eat food and drink."
After the meal, Chen Zhiyuan was sent off at the door of the hotel. Among them, there was an elder brother and a younger brother. People who didn't know it would have thought they had such a good relationship.
Until Chen Zhiyuan left in the car, Zheng Yaoyang stopped smiling, looked at Su Haiwen, and asked him about his intention just now.
Su Haiwen also expressed his guess, and at the same time advised: "With fewer enemies, you have a better chance of winning. Yaoyang, your personality is still too straightforward, and you can easily be tricked."
Zheng Yaoyang frowned, pondered for a moment, and tried to figure out the reason before saying, "Thank you, uncle."
He was angry just now. If Su Haiwen hadn't reminded him, Chen Zhiyuan would have been ridiculed miserably by him, which would indeed allow Stephen to get his wish.
"If a family doesn't speak the same language, if you need help in the future, just say a word."
A happy smile appeared on Su Haiwen's face. Zheng Yaoyang was capable and listened to advice. Under his leadership, the Bao family will surely become more and more prosperous in the future.
Early the next morning, HSBC announced that it would adjust the bank's savings interest rate, raising the current annual interest rate to 2.0% and the five-year dead interest rate to 5.20%.
The two important storage business are both 0.02% more than Fuxing. It is difficult not to suspect that this is intentional.
As soon as the news of the interest rate hike was released, it caused a sensation in Hong Kong because it also meant that HSBC officially faced the challenge.
But savings did not rise because people were still waiting for Fuxing Bank to counterattack.
Now the two sides are in a price war. Whichever company's products are cheaper, they will buy from that company.
Fuxing lived up to expectations. One day later, it made a high-profile announcement to raise interest rates again in line with HSBC.
And they also made an unprecedented decision. Users who previously chose the 4.2% interest rate with a five-year dead period from their bank have now changed their interest rates to the latest 5.2%.
Inform users to bring all the information to Fuxing Bank within the next five working days to change the contract.
They have very few savings users, and very few of them chose the five-year death period. All of them raised the interest rate by 1%, and the maximum loss was no more than 10 million.
But HSBC is different. According to last quarter's performance disclosure, their bank's savings funds that choose a five-year death period are as high as 23.2 billion Hong Kong dollars.
If they are like Fuxing Bank, they will conservatively lose about HK$1.5 billion in the next few years.
Fuxing's move killed a thousand enemies and lost a dime, and it directly stabbed HSBC's lungs.
HSBC did not dare to challenge and chose to play dead. It had no choice but to file a lawsuit against Fuxing Bank in court for alleged malicious competition.
But bank users were not so easy to talk to. They came to the door of the HSBC Building one after another, holding high flags and demanding changes in the interest rates of their contracts, just like Fuxing Bank.
After all, 1% interest rate is quite a lot. If you choose the death date for one million yuan, you will have an extra 50,000 yuan in five years.
In this battle for savings between the two sides, Fuxing Bank had the upper hand and won first.
While the fight is in full swing, Standard Chartered Bank has seen outflows of tens of billions of dollars in recent days.
Since ancient times, when the boss fights with the second child, the third child will usually be beaten to death. Standard Chartered Bank was completely unintentional and had no choice but to announce an interest rate increase.
It's just that Fu Hing and HSBC are at the forefront, and Standard Chartered Bank, which has a century-old history, has become a transparent bank. No one cares about it and can only swallow the pain in its belly.
Just when people were looking forward to the direction of this drama, how Fuxing would take action, and how HSBC would respond, the two banks had a tacit understanding and made no move.
People's ideas are sometimes very naive, and the United States is at its worst economic recession.
Capitalists would rather throw away the milk than give it to the poor, so how can they let them reap the benefits?
Fuxing Bank declared war with HSBC in order to build up its reputation and make the public feel that they are qualified to compete with HSBC.
Now that their plan has been achieved, there is no need to raise interest rates anymore, killing one thousand enemies and losing eight hundred.
On the other hand, HSBC is reacting passively. If Fuxing does not continue to raise interest rates, they will not take the initiative to adjust.
After all, they are so large that even a 0.1% interest rate increase will result in losses of tens of millions or hundreds of millions of dollars.
Both sides have a tacit understanding to stop the battle over interest rates, but that does not mean that both sides will shake hands and make peace.
Stephen is very smart, he knows that the source of everything is Zheng Yaoyang. Fuxing without Zheng Yaoyang is not worth mentioning, let alone their opponent.
So they were waiting for Zheng Yaoyang to take action. After all, that huge amount of money had to find a container.
Whether it is the stock market or bond funds, as long as Fuxing Bank takes action, they will attack with all their strength.
With one success, they can declare to the outside world that they have defeated Zheng Yaoyang's undefeated golden body.
If investments suffer losses, Woodpecker investors and bank savings users will fall into panic.
By that time, Fuxing Bank will be self-defeating.
HSBC has a century-old history in Hong Kong, and its foundation is so deep that it has penetrated into all walks of life. It is definitely not something that Zheng Yaoyang can defeat.
Zheng Yaoyang is also waiting,
Waiting for news from Chen Yongjian and others.
Banks' funds must come in and out, and they cannot just go in and out like they are now. Adjusting interest rates is to gain leverage, and issuing stocks is to create income.
Almost all types of financial derivatives in Xiangjiang are firmly controlled by HSBC and Standard Chartered Bank.
If they want to win, or if they want to gain a firm foothold, they must open up a new track, because on the old track, competing with these two banks will definitely lead to a miserable death.
It's just that Zheng Yaoyang didn't wait for Chen Yongjian, but instead waited for Zhan Xuerong, the Minister of Communications of Guangdong Province.
The two made an appointment to meet at Fuxing Bank. Zheng Yaoyang said with a smile: "Minister Zhan, you are really a rare visitor."
If he remembered correctly, cadres of Zhan Xuerong's level could not "go abroad" easily.
Zhan Xuerong smiled bitterly and said, "Mr. Zheng, I'm taking the liberty of visiting you. I hope you won't be offended."
Through the cooperation between Magic City and Xiangdian, funds were secured and construction of communication base stations began across the city.
Lin Defu has always been a procrastinator. He sees it in his eyes and is anxious in his heart.
If the Pearl River Delta fails to enter the era of instant communications because of him, he will be a sinner through the ages.
Even though the procedures for 'going abroad' were complicated and he had to undergo political review when he returned, he still wanted to visit Zheng Yaoyang in person.